Greystone closed an $18.573 million permanent Freddie Mac loan to acquire a multifamily community with more than 200 units outside of Kansas City, Missouri.
The loan was originated by Adam Lipkin, Vice President in Greystone’s New York office.
Originally built in the 1980s, the property is a garden-style apartment community that offers one- and two-bedroom units. The $18.6 million non-recourse, fixed-rate loan carries a 10-year term and 30-year amortization, with five years of interest-only payments
